How Jurong East Transformation Will Increase the Price of Jurong Properties
A quick look at the new developments in Jurong will show that this former sleepy region will soon become a commercial hub. This transformation will bring new infrastructure projects and shopping malls, which should in turn drive up the price of Jurong properties. The new developments will also bring about a variety of new types of commercial activities, which could support the residential housing market.
Jurong’s transformation from a sleepy region to a commercial hub
In the past few decades, Jurong has undergone a significant transformation from being a sleepy region to a commercial and retail hub. Its first business park was opened in 1992, and today it is an attractive site for innovation centres, regional headquarters, and a range of other business functions. The area’s convenient transport links also contribute to its appeal. One notable development in the past decade is the earmarking of a 7ha vacant plot …
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